Boneless Cow Beef & Beef Trimmings - Afternoon

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LM_XB401
Des Moines, IA                  Fri, Nov 15, 2013               USDA Market News

NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon

FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report, U.S.dollars per 100 pounds.

Compared to last market test: Lean boneless was unevenly steady; 85% was 
mostly 1.00 to 2.00 lower; 65% was weak to lower; Other lean percentages 
were not fully established. Beef trimmings lower on light to moderate 
demand and moderate offerings.

CURRENT VOLUME - (one load equals 40,000 pounds)

Central                  23.79  Loads   --                       951,693  pounds
National                 44.56  Loads   --                     1,782,266  pounds
--------------------------------------------------------------------------------
FOB Plant - Central
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                18       733,304     $191.00     $193.00     $192.11
  Frozen 90%                                               
  Fresh  85%                 5       133,133     $178.00     $183.50     $180.56
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                 2        11,700     $119.75     $119.75     $119.75
  Frozen 65%                                               
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
FOB Plant - National
                         # of        Total              Price           Weighted
                         Trades      Pounds             Range           Average
--------------------------------------------------------------------------------
Chemical Lean
  Fresh  92-94%                                            
  Frozen 92-94%                                            
  Fresh  90%                22       849,020     $189.00     $193.00     $191.80
  Frozen 90%                                               
  Fresh  85%                 9       165,133     $178.00     $183.50     $180.19
  Frozen 85%                                               
  Fresh  81%                                               
  Frozen 81%                                               
  Fresh  75%                                               
  Frozen 75%                                               
  Fresh  73%                                               
  Frozen 73%                                               
  Fresh  65%                10       129,700     $119.75     $127.00     $126.02
  Frozen 65%                                               
  Fresh  50%                17       564,857     $110.00     $121.50     $114.99
  Frozen 50%
Bull Product
  Fresh  94-96%                                            
  Frozen 94-96%                                            
--------------------------------------------------------------------------------
Regional Breakdown:
  Central - AR,CO,IA,IL,IN,KS,KY,LA,MI,MO,MN,MT,ND,NE,NM,OH,OK,SD,TN,TX,WI.
  National - all states
  East Coast - AL,CT,DC,DE,FL,GA,MA,MD,ME,MS,NC,NH,NJ,NY,PA,RI,SC,VA,VT,WV.
  West Coast - AK,AZ,CA,HI,ID,NV,OR,UT,WA,WY.
--------------------------------------------------------------------------------
Source:   USDA Market News Service, Des Moines, IA
          515-284-4460      email: desm.lpgmn@usda.gov
          24 Hour recorded market information 515-284-4830
          http://www.ams.usda.gov/LSMarketNews
1530C

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